Grocery-Anchored Shopping
For Sale
$21,102,227
300 Knox Abbott Dr, Cayce, SC 29033
Established retail center with a remodeled grocery anchor and a diverse mix of shops, restaurants, fitness, hardware, and healthcare users.
Property Size175,000 SF
Lot Size17.33 Acres
Price / SF$120.58
Days on Market55
Property Features for 300 Knox Abbott Dr
General Information
Standard status
Active
Size
175,000 SF
Lot size
17.33 Acres
Property subtype
Retail
Additional Details
Anchor Co-Tenants
Food Lion, Planet Fitness, Ace Hardware, Five Below, Oak Street Health
Building Details
Tenancy
Multi
Listing Agency:
Columbia
Listed By:
Rox Pollard · License #132632
(803) 401-4242
Source:
Colliers
Added: Aug 13
Changed: Sep 28
Last Checked: Oct 5 at 3:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Columbia
Investment Insights
Based on property information with market context.
Parkland Plaza is a shopping center comprising approximately 175,000 square feet of retail space across ±17.33 acres. The center originated as a grocery-anchored neighborhood property in the mid-1950s and now includes a recently remodeled Food Lion alongside Planet Fitness, Ace Hardware, Five Below, Oak Street Health, shops, and restaurants.
The property is located at 300 Knox Abbott Dr in Cayce, South Carolina, within the Columbia metropolitan area. Its surrounding context includes the Columbia Central Business District, the University of South Carolina, and the Cayce/West Columbia River District, placing the center near several established community and employment destinations.
The property is located at 300 Knox Abbott Dr in Cayce, South Carolina, within the Columbia metropolitan area. Its surrounding context includes the Columbia Central Business District, the University of South Carolina, and the Cayce/West Columbia River District, placing the center near several established community and employment destinations.
Key Highlights
- Approximately 175,000 square feet of retail space
- ±17.33‑acre shopping center site
- Recently remodeled Food Lion grocery anchor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,762,163
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,243,260
$35.2M
Cap Rate 7%
$25,173,757
$25.2M
Cap Rate 9%
$19,579,589
$19.6M
Market Conditions
NOI Build-Up for 175,000 SF
Gross rent
$2.63M $15.00/SF
− Vacancy
−$107.6K −$0.61/SF
EGI
$2.52M $14.39/SF
− OpEx
−$755.2K −$4.32/SF
NOI
$1.76M $10.07/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$35,243,260
Cap Rate 7%
$25,173,757
Cap Rate 9%
$19,579,589
Alternative Uses
Best Use
Specialty Retail
$36.03M
$31.53M – $42.04M
NOI $2,522,410 @ 7.0% cap · market cap 11.95%
Second Best
Retail
$25.17M
$22.03M – $29.37M
NOI $1,762,163 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$47.00M
$41.12M – $54.83M
NOI $3,289,994 @ 7.0% cap · market cap 15.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
127k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 31%
Groceries 24%
Home Improvements & Furnishings 6%
Food Lion Grocery Store
Groceries
30,740 visits/mo
0.3 miles
Five Below
Shops & Services
29,786 visits/mo
0.1 miles
Lizard's Thicket
Dining
12,696 visits/mo
0.3 miles
Shell
Shops & Services
9,612 visits/mo
0.1 miles
Bank of America
Shops & Services
8,655 visits/mo
0.2 miles
Demographics for 29033, SC
12,575
Population
6,873
Households
1.8
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
1,258
Density / Sq Mi
$57,524
Median Household Income
$37,629
Median Earnings
$1,342
Median Rent
$156,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 300 Knox Abbott Dr, Cayce, SC 29033
- Parkland Plaza — 920 Axtell Dr, Cayce, SC 29033
- Capitol Shopping Center — 469 Sunset Blvd, West Columbia, SC 29169
Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with a remodeled grocery anchor and a diverse mix of shops, restaurants, fitness, hardware, and healthcare users.
Where is this shopping center located?
The property is located at 300 Knox Abbott Dr Cayce, SC.
What is the asking price?
The asking price for this property is $21,102,227.
What are key features of this property?
This property features: Approximately 175,000 square feet of retail space; ±17.33‑acre shopping center site; Recently remodeled Food Lion grocery anchor
